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Execution time 1 day
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I need an EA that uses RSI and envelope.
Settings envelope
Period: 14
shift: 0
Deviation: 0.002
Method: exponential
apply : close
ROI:
Period: 14
apply: close
Buy level: 12.42
tp 1 purchase: 37.26
tp 2 purchase: 60.81
Sale level: 85.97
tp 1 sale: 60.81
tp 2 sale: 37.26
See photos to fully understand.
There is a sell off when the envelope crosses below the 85.97 level on the RSI
There is a buy when the envelope crosses above the 12.42 level on the RSI
Subsequently when we are on sale:
envelope crosses down level 60.81 = tp1
envelope crosses down level 37.26 = tp2
When buying
envelope crosses up level 37.26 = tp1
envelope crosses up level 60.81 = tp2
The EA must wait when in the "wait" zone on levels 7.74 and 92.1
I would like when tp1 is reached that a stop loss is applied a certain number of pips below tp1 on a buy and reversed on a sell.
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